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Page 589
Daily deal net: January 16, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Jan 16, 2020Joby ascends with $590m
The aerial electric taxi developer increased its overall funding to $720m in a series C round led by a $394m investment from Toyota.
Jan 16, 2020Apple expends $200m on Xnor.ai acquisition
The edge computing technology developer has reportedly been purchased by Apple, three years after being spun out of AI2 to advance work by University of Washington's Ali Farhadi.
Jan 16, 2020UPMC Enterprises to deploy $1bn
University of Pittsburgh Medical Center’s investment and innovation arm has allocated $1bn to drug development funding over the next four years.
Jan 16, 2020Nicoya plays coy for $10m
UW spinout Nicoya has its sight set on product development and business expansion after a series A round featuring UW Student Venture Fund and Wilfrid Laurier University’s Startup Fund.
Jan 16, 2020Apple expends $200m on Xnor.ai acquisition
The edge computing technology developer has reportedly been purchased by Apple after raising less than $15m from backers including NGP Capital.
Jan 16, 2020Zinier fields investors for $90m series C
Zinier took its overall funding to $120m in a round that included returning investor Qualcomm Ventures, with the cash to go to international growth and product development.
Jan 16, 2020Fubon Life finds $50m for Tiger Global
The insurance firm put up the capital for what looks set to be the 12th fund raised by investment firm Tiger Global Management, following a $3.8bn vehicle in 2018.
Jan 16, 2020CareBridge takes the weight of $40m
GV was among the investors as long-term care support provider CareBridge emerged from stealth with $40m and two acquisitions.
Jan 16, 2020KeyMe admits another $35m
Brentwood Associates led a round that will fund US expansion by the Comcast and 7-Eleven-backed digital locksmith along with an expansion of its services.
Jan 16, 2020About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits our membership, providing privileged access to all our services and resources.
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